If you've been accepted to Augusta State University or the Medical College of Georgia, congratulations! Now it's time to think about how you're going to pay your tuition fees and meet your living expenses while you're studying in Augusta, Georgia. Those of you who are sons or daughters of a manufacturer of wire rope sheaves will probably have these expenses met by family. Those of you who aren't as lucky will be looking for help from scholarships, bursaries, grants, or student loans. Here's some information on student loans to get you started.
For Canadians
Canadian citizens or permanent residents doing their post secondary studies at a school in Augusta are still eligible to receive low interest financial aid from the government of Canada and their provincial governments if they can prove that their families are unable to support them. For instance, independent students and the children of people who work as tube cutters in factories would qualify. Children of doctors or lawyers would not. Visit www.canlearn.ca for more information.
For Other International Students
Students from other countries looking to attend a hockey school in Ontario or a medical college in Augusta should consult their government website to learn more about receiving support from their home governments. Some countries, like France, offer free domestic education but won't pay for foreign schooling while others require proof that you intend to return home to use your new skills.
For Americans
Citizens of the United States studying in Augusta can apply for federal assistance with the cost of their education if they are able to prove that they cannot otherwise afford it. Criteria are fairly strict, so if your family owns Rhinebeck, NY real estate chances are you don't qualify. There are numerous loan, grant, and scholarship programs available, so visit www.studentaid.ed.gov for more information.
Private Loans
Most American students rely on educational loans from private financial institutions to pay for their post-secondary education. You should always exhaust government options before resorting to private ones because with private loans the interest rates are usually higher and the repayment terms much stricter, especially considering that governments often have options for those who are unable to repay. The robotic packaging on your bank's student loan brochure may have you thinking that they're all the same but they're not. Some programs come from non-profit groups like USA Funds while others, like Bank of America, run profit making enterprises. Make sure to shop around before agreeing to anything.
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